For what fiscal years are Holiday's audited financial statements included in the Crowne Plaza FDD?

According to Crowne Plaza's 2025 Franchise Disclosure Document, Holiday's audited financial statements are included for the fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022. This information is crucial for prospective franchisees as it provides a detailed look into the financial health and stability of the Holiday, the licensor.

The inclusion of these financial statements allows potential Crowne Plaza franchisees to assess the company's performance over the past three years. Analyzing these statements can reveal trends in revenue, expenses, and profitability, which are vital for making an informed investment decision. It also helps in understanding how well Holiday has been managing its finances and whether it has a history of consistent financial performance.

Furthermore, the FDD also includes audited financial statements for SCH, Holiday's parent company, for the same fiscal years. SCH commits to perform certain post-sale obligations for Holiday. Reviewing SCH's financial statements can provide an additional layer of security and confidence for franchisees, as it demonstrates the financial backing and commitment of the parent company to support Holiday's operations and obligations.

In summary, the inclusion of audited financial statements for both Holiday and its parent company, SCH, for the fiscal years 2022, 2023, and 2024 in the Crowne Plaza 2025 FDD is a standard practice in franchising. This transparency allows potential franchisees to conduct thorough due diligence and make well-informed decisions about investing in a Crowne Plaza franchise.